JSW Steel Italy SrL, a subsidiary of JSW Steel Limited, has entered into a landmark commercial agreement with Metinvest Adria S.p.A. This partnership marks a significant milestone in the company’s collaborative efforts with the Italian Ministry of Industries and Made in Italy (MIMIT). The agreement builds upon a memorandum of understanding (MoU) signed in March […]
In a major development for India’s steel industry, JSW Steel Limited, in partnership with JFE Steel Corporation, announced the acquisition of thyssenkrupp Electrical Steel India Private Limited (tkES India) through their joint venture. The acquisition, valued at INR 4,051.40 crore, marks a strategic push by the companies to enhance their value-added steel manufacturing capabilities, particularly […]
JSW Steel USA, Inc., a subsidiary of India’s leading steel company JSW Steel Ltd., and part of the $24 billion JSW Group, plans to invest $110 million to modernize its steel plate mill in Baytown, Texas. This significant investment aims to produce high-quality monopile steel plates, supporting the U.S. Administration’s initiative to deploy 30 gigawatts […]
JSW Steel, India’s leading steel company and a major player in the $24 billion JSW Group, has announced the launch of JSW Magsure, a Zinc-Magnesium-Aluminium alloy coated steel product. This move positions JSW Steel as the first and only Indian steel company to manufacture and market such a product domestically, significantly reducing India’s reliance on […]
In a strategic move to bolster its operations and leadership in the United States, JSW Steel, India’s premier steel manufacturing company and a key entity of the $23 billion JSW Group, has announced the appointment of Robert Simon as the Chief Executive Officer of JSW USA. Simon, with his rich background in the steel industry, […]
In a significant development in the steel industry, JSW Steel Consolidated has reported a robust increase in its crude steel production for the third quarter of the financial year 2024 (Q3 FY24). The figures show an impressive 12% year-on-year (YoY) growth, underlining the company’s expanding operational efficiency and market reach. JSW Steel Hits New Production […]
In an impressive display of resilience and growth, JSW Steel unveiled its consolidated Crude Steel production figures for Q2 FY24, registering a robust 13% growth YoY, with a total production hitting 6.41 million tonnes. However, the quarter-on-quarter (QoQ) figures experienced a slight dip of 3%. This decline is attributed to planned shutdowns in Indian operations […]
JSW Steel announced a 19% year-over-year (YoY) increase in its consolidated crude steel production for August 2023, reaching 22.86 lakh tonnes. This growth has been marked by a capacity utilization of 94.3% at the Indian operations level for the same month. JSW Steel’s Indian operations led the way, contributing 22.15 lakh tonnes—a 17% YoY increase. […]
Rama Steel Tubes Ltd. (RSTL), a prominent manufacturer of steel pipes and tubes in India, has signed a strategic Memorandum of Understanding (MoU) with India’s largest steel manufacturer, JSW Steel Group. The agreement encompasses various key aspects such as procurement of hot rolled coils (HRC), distribution of hot rolled coils, and production of value-added products […]
JSW Steel, an Indian steel manufacturer, said that it has become the first manufacturer to receive the GreenPro ecolabel for its ‘Automotive Steel’ products. The GreenPro ecolabel, developed by the Confederation of Indian Industry’s (CII) Green Business Centre, serves as a recognition of the highest standards of environmental sustainability and product performance within the Indian […]